Stock Name: AIRASIA
Company Name: AIRASIA BHD
Research House: DEUTSCHE
Company Name: AIRASIA BHD
Research House: DEUTSCHE
AirAsia Bhd.’s profit forecasts for this year and 2012 were cut at Deutsche Bank AG, which said higher fuel prices pose earnings risk to Southeast Asia’s biggest budget carrier.
The airline’s earnings estimates were reduced by 18 percent in 2011 and 15 percent next year, Michelle Foong, an analyst at Deutsche, said in a report dated March 14. The share price estimate was reduced to RM3.02 from RM3.55. -- Bloomberg
The airline’s earnings estimates were reduced by 18 percent in 2011 and 15 percent next year, Michelle Foong, an analyst at Deutsche, said in a report dated March 14. The share price estimate was reduced to RM3.02 from RM3.55. -- Bloomberg
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